“We strongly believe there is a place on the high street for a video gaming specialist and we have assembled a strong team to implement the programme of operational change needed,” said OpCapita’s managing director Henry Jackson.

“There is a huge amount to do but we look forward to the challenge of restoring Game’s fortunes in partnership with its employees and suppliers.”

The deal to save 333 stores is one of the few acquisitions out of administration that has kept most of the company and its concept intact.

PwC will now look at restructuring Game’s 1,270 overseas stores, which employ almost 4,000 people. The process is likely to see many outlets closed down.

OpCapita, which also owns electricals retailer Comet, is backed by the Goldman Sachs Special Situations fund. The company is thought to have signed an agreement with Game’s suppliers to ensure new gaming stock is delivered to the company.